41, GROVE LANE, RETFORD, DN22 6NB - £110,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 GROVE LANE is a very small terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £166,875. It was last sold for £110,000 in August 2017, which was around 11% above the average August 2017 terraced price in the Bassetlaw local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

41 GROVE LANE Sold Prices

Land registry data shows six sales for 41 GROVE LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Bassetlaw local authority area for the corresponding sale date. three of the six 41 GROVE LANE sales were for above the average price, and six were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 11 AUG	£110,000	£98,799	11% above HPI
2012 19 NOV	£94,000	£85,326	10% above HPI
2010 30 APR	£95,000	£83,443	14% above HPI
2009 24 SEP	£57,000	£86,479	34% below HPI
2007 5 APR	£90,000	£95,909	6% below HPI
1999 29 SEP	£27,000	£32,103	16% below HPI

41 GROVE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bassetlaw local authority area over time, sourced from the HPI. The six 41 GROVE LANE sales between September 1999 and August 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 41 GROVE LANE be worth now?

41 GROVE LANE might now be worth an estimated £166,875.

This is based on house price inflation of 51.7%, between August 2017 and August 2025, for terraced houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for 41 GROVE LANE of £110,000 on 11th August 2017. For the value to have increased from £110,000 to £166,875 over the eight years to August 2025, the following assumptions must hold true:

• The value of 41 GROVE LANE has moved in line with the HPI for terraced houses in the Bassetlaw local authority area.
• The August 2017 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GROVE LANE has not materially changed since August 2017.

How Large is 41 GROVE LANE?

41 GROVE LANE is 81m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of terraced houses houses in Retford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Retford, and where 41 GROVE LANE lies on this distribution: 17% of terraced houses houses are smaller than 41 GROVE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Retford.

41 GROVE LANE: Plot and Title Map

41 GROVE LANE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 41 GROVE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 41 GROVE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 41 GROVE LANE?

41 GROVE LANE is located in RETFORD, in the DN22 postcode district. The below map shows the position of No. 41 on GROVE LANE.